Motorola Solutions profit climbs by 53%
NEW YORK (MarketWatch) — Motorola Solutions Inc. said Wednesday its fourth-quarter operating earnings rose 53% to 3 million, or .18 a share, from 6 million, or 54 cents a share, in the year-ago period. Adjusted profit rose to .10 a share from 87 cents a share. Sales increased by 6% to .44 billion. Wall Street analysts expected Motorola Solutions to earn .02 a share on sales of .45 billion, according to a survey by FactSet. Looking ahead, Motorola Solutions expects first-quarter adjusted profit of 62 cents to 67 cents a share, compared to the analyst estimate of 67 cents a share.
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